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Intel Sees Slower Growth

Quarterly Profit Rose 4.7%
On an 18% Gain in Revenue,
But Sales Outlook Is Pared

By

Don Clark Staff Reporter of THE WALL STREET JOURNAL

Updated Oct. 19, 2005 12:01 a.m. ET

Intel Corp. said its third-quarter profit rose 4.7% on an 18% jump in revenue, but predicted sales in the current period would grow a bit less than Wall Street expected.

The chip maker, whose pronouncements are watched as a sign of computer demand, said some computer makers may have bought more chips than they needed in the third period, a move that could affect the rate of growth in the fourth quarter. On a positive note, Intel,...